In a Situation Analysis, Which of the Following Would NOT

question 66

Multiple Choice

In a situation analysis, which of the following would NOT be a question for identifying the prime prospects?

• A)Can we visualize the typical consumer?
• B)Who are the heavy users?
• C)What are the significant demographic characteristics of our customers?
• D)What are the psychographic characteristics of our customers?
• E)How do they fit in the 70/30 rule?

---

Definitions:

Specialization

Focus on a narrow area of expertise or production to increase efficiency and output.

Technological Advance

(1) An improvement in the quality of existing products, the invention of entirely new products, or the creation of new or better ways of producing or distributing products. (2) Any improvement in the methods by which resources are combined such that the same quantity of inputs can be made to yield a combination of outputs that is preferred to any combination of outputs that was previously possible.

Freedom of Choice

The right of individuals to make decisions for themselves without undue government restriction.